In the last decade, there has been a growing number of legislative and self-regulatory interventions, like the need of turning to audit consulting services, which are aimed at improving the operation of corporate controls to strengthen the guaranteed mechanisms to protect investors. On the other hand, the expectation of stakeholders that the governance and processes of…
Regular audit of financial statements helps to see the real picture of the company’s financial performance. The availability of an independent audit report prepared by top audit firms in Delhi will increase your status among business partners, clients, and potential investors. An audit of an enterprise’s financial statements proves the reliability of data on the…
In a very complex economic and financial environment, the auditor must consider various business risks during the audit procedures. Audit principles and methodologies frequently use the concept of risk to better orient audit procedures and allow the professional to focus on the relevant aspects. The emphasis on business risk stems mainly from the consideration that…
Tax audit is one of the most relevant and demanded types of auditing services in India. During such an audit, the correctness of tax accounting is checked, the formation of a tax base for all taxes and fees, the correctness of the preparation and submission of tax returns, the timeliness of the transfer of taxes and…
The company audit process is necessary to assess whether the defined procedures are respected in the various areas and activities of a “company system” if the roles and duties are clear if the company objectives and policies are correctly managed and pursued. For companies structured under the provisions of regulations, this process of investigation and verification of…
By law, some organizations are required to have their financial statements audited by top audit firms in India. However, despite this legal obligation, the audit represents a strategic expense to guarantee sound management and ensure the profitability of a business or its good management. This is the reason why several organizations, proceed themselves to take the help…
The internal auditor must always have a clear understanding of what is happening in the company and where it must come to become more successful. New technologies, growth in the volume and speed of data exchange, global economic development- all these changes are the requirements for companies. New challenges and risks appear. The internal audit…
Although the concept of auditing tends to generate a bit of fear, the benefits that are achieved by auditing different areas of productive activity are numerous. Audit companies can do a lot for your business, they are an ally! The concept of audit refers to an analysis or examination that is carried out on a…
In the face of economic uncertainty, internal audit has become a critical resource that can help companies improve their internal control and risk management systems and improve overall business performance. And if 2-3 years ago, managers preferred to outsource many of its functions, today there is a tendency in the market to massively attract internal…
Today the concept of “internal audit” has become widespread in business. Many large enterprises and companies prefer to create their internal audit services and departments, training their employees. When deciding to conduct an internal audit, it is necessary to determine its subordination to the audit committee of the board of directors or directly to the…
